Saturday, January 20, 2007

Interest Rates Rise Again

Freddie Mac reports the following increases in rates:

15-year fixed mortgages rose to 5.98 percent from 5.96 percent during the week.
Five-year adjustable-rate mortgages nudged up to 6.04 percent from 6.03 percent.
One-year ARMs rose to 5.51 percent from 5.44 percent.

Source: Contra Costa Times (Calif.), Martin Crutsinger (01/19/07)

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